Financial Analyst

3 days ago


Birmingham, Birmingham, United Kingdom SF Recruitment Full time
Job Title: Financial Analyst

We are currently seeking a skilled Financial Analyst to join our team. The successful candidate will provide high-quality financial support services to academy clients and manage relationships with senior leadership teams in schools.

Key Responsibilities:
  1. Assist with annual accounts preparation, ensuring accuracy and timeliness.
  2. Contribute to the preparation of statutory accounts for signature by the appointed auditor, adhering to regulatory requirements.
  3. Perform monthly bank reconciliations and compile regular cash flow statements to ensure accurate financial management.
  4. Produce staffing projections and monitor employee budgets to optimize resource allocation.
  5. Monitor income and expenditure on the academy's information system, identifying areas for improvement.
  6. Provide advice and assistance with VAT, taking into account the organization's classification.
  7. Prepare year-end accounts and liaise with the appointed auditors to ensure a smooth audit process.
  8. Maintain adequate financial control systems to minimize risk and ensure compliance.
  9. Complete or assist with the Financial Management Standard, reviewed annually to ensure effectiveness.
  10. Review allocations and virements within the Headteacher's Framework of Financial Management.
  11. Complete balance sheet reconciliations to maintain financial control over salaries, VAT, accruals, prepayments, and pension liabilities.
  12. Prepare and maintain a Fixed Asset Register, reflecting true net book values of assets, and apply appropriate depreciation as per financial policies.
  13. Present timely financial reports to the Governing Body, including budget monitoring reports, budget setting reports, and strategic financial projections up to three years.

Estimated salary: £40,000 - £55,000 per annum, depending on experience.


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